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Wall Street ChadsWall Street Chadsby0xC35b55f6540bcd539e85A9Be9A32496B496400e00xC35b…00e0

Purchase 1 ETH worth of $KITTY

Voting ended about 4 years agoSucceeded

The first F2P and P2E game where NFT communities race and fight each-other in Kittykart’s racing and first person shooter game. Beta release coming out end of january/beginning of february 2022.

Time-frame: Medium ~2-6 months Buy date: 01/20/2022 Sell date: At around 300M mc (~15x), currently ~20M mc, based on top of hype pump around tier 1 CEX (Coinbase) listing expected Q1. Exit: in profit after 3x exit initial investment and let the rest ride, limit loss so exit at a loss >40% of current price
Risk: High (low cap ~20M) Available on Uniswap (ETH) and Pancakeswap (BSC)

Due diligence:

Background $kitty is the native currency of an NFT-based, Free-To-Play (F2P), Play-To-Earn (P2E) racing game, KittyKart , being built on the Ethereum blockchain where players race karts to “mine” NFT assets. Through continued game play, mined NFT assets confer either skillset advantages or enhancements to visual appearance. Assets can either be “mined” - i.e. earned - (F2P) through game play or purchased on the secondary market via the in game marketplace. Assets bought and sold (P2E) via the in game marketplace are done so via the native $kitty token.

Not to be mistaken with a meme coin KittyInu project started around 25th of October 2021, inspired by the global popularity of “meme coin” phenomena, the Kitty Inu project was created with the intention to bring this satire into the emerging play-to-earn gaming and metaverse sectors of cryptocurrency innovation.

Personal note The most transparent team I’ve ever encountered in the crypto space. They fair launched the project, thus no coins were allocated towards team members to prevent future dumps for their supporters. Instead they built the project (dev and marketing) completely from tax earnings. Tax will be removed upon tier 1 CEX listing. Because of this funding method no investors in the future the team need to please, total focus on product and community building. The team’s approach for the project is not community driven but community supported.

Investment opportunity The initial hype around launch was big and the market cap increased fast to ~80M. Due to crypto conditions of the last month(s) the price severed a drop and resulted in a market cap off around ~20M to date. In my opinion the low is in, there is 0 FUD in the community, now it’s in consolidation phase before it will take off.

Roadmap • Whitepaper to be released in the next week • Beta game launch end of jan/beg feb • Law firm Squire Patton Boggs is helping with a legal/IP rights and prepare for tier 1 CEX listing • Team doesn’t talk about price or investors anymore in their TG chat because they are in the application process for Coinbase

Key takeaways ✓ Super transparent team, crossing all the t’s and dotting the i’s ✓ Amazing designer ACE, who was former designer of the shib community ✓ Mario Kart style racing/shooter game between NFT communities ✓ Mashed with first person shooter gameplay

Imagine a world And think of a Fortnite map/metaverse environment where NFT community members can spawn their KittyKart character, level it up during gameplay, based on the NFTs they own (i.e. Bored Ape) in the map. In order to group with their friends (member NFT holders) and organise ride outs to combat other communities.

Source Official website: https://kittyinu.com/ Game trailer: https://www.youtube.com/watch?v=clbFleutS9s Latest game alpha video snippet: https://twitter.com/i/status/1484000493483479041

Very solid product with hype potential because it is simple to understand, highly addictive (Mario Kart) and easy to grow because it taps in all NFT communities giving their NFT’s utility.

CHADS let’s unite, pull out our lambo’s and ride out to race and kill some NFT communities!

Cheers, Xbus

Off-Chain Vote

For
33 28%
Against
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Abstain
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Timeline

Jan 20, 2022Proposal created
Jan 20, 2022Proposal vote started
Jan 24, 2022Proposal vote ended
Oct 26, 2023Proposal updated